The Company has secured the required Forest No Objection Certificate (NOC) for its proposed 120 Room Luxury 5-Star Resort Project in Jawai, Rajasthan.
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Saboo Sodium Chloro Limited has obtained the Forest No Objection Certificate (NOC) required for its proposed 120-room luxury 5-star resort project in Jawai, Rajasthan. The resort is being built on approximately 40,000 square meters of land adjacent to Aaramgah Jawai Resort & Spa, a Radisson Individuals Retreats member, in a popular wildlife tourism area. With the Forest NOC secured, the project has entered an advanced pre-construction stage — architectural drawings have been submitted and the civil contract is in the final stages of tendering. The company expects to begin construction within the next two months, pending further regulatory approvals and final land conversion orders.
This announcement signals a meaningful diversification into hospitality for a company primarily known for chemicals, and removes a key regulatory hurdle for the project. For shareholders, it represents progress on a new growth avenue, though the stock impact will depend on the project's cost, funding plan, and execution timeline once construction begins.